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Nation Media Group
Nation Media Group (abbreviated as NMG) is a Kenyan media group listed on the Nairobi Stock Exchange. NMG was founded by Aga Khan IV in 1959 and is the largest private media house in East and Central Africa with offices in Kenya, Uganda, and Tanzania. In 1999, NMG launched NTV, a news channel in Kenya, and Easy FM. Media outlets The group publications include ''The EastAfrican'', '' Daily Nation'', ''Business Daily Africa'', ''Daily Monitor'', '' The Citizen'', ''NMG Investor Briefing'', ''Taifa Leo'' and ''Zuqka''. The ''Daily Nation'' and the Sunday edition of the same newspaper, the ''Sunday Nation'', celebrated their 50th anniversaries, branded by the Nation Media Group as "50 Golden Years", in 2010. NMG owns a 76.5% stake in the Monitor Publications Limited and 93.3 KFM, a Kampala-based radio station in Uganda. It also owns two television stations in the country, NTV Uganda and Spark TV. NMG also has a 60% shareholding in ''Mwananchi Communications Limited in Tanzania. Th ...
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The Citizen (Tanzania)
Mwananchi Communications Ltd is a company based in Tanzania. Mwananchi Communications Ltd, engages in the print media and digital media, and is the publisher of Tanzania's leading daily newspaper, '' Mwananchi'' (in Swahili), and others such as ''The Citizen'', ''Sunday Citizen'', '' Mwananchi Jumapili'', Mwananchi Scoop and '' Mwanaspoti''. The executive editor is Victor Mushi and the ''Mwananchi'' daily managing editor is Joseph Nyabukika. Michael Momburi heads ''Mwanaspoti'' in Tanzania and Kenya. Sanga, a former Managing Editor is regarded as the sports journalism guru in the region. His influence in sports led Kenyan media to start sports newspapers, such as ''Sports On'' and ''Game Yetu''. Mpoki Thomson is the Managing Editor of ''The Citizen Daily and Sunday Citizen'', which have contributed much to socio-economic changes in Tanzania and in the region as well. Upon his appointment to the Managing Editor role in January 2021, he became the youngest editor to hold such a pos ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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The EastAfrican
''The EastAfrican'' is a weekly newspaper published in Kenya by the Nation Media Group, which also publishes Kenya's national '' Daily Nation''. The ''EastAfrican'' is circulated in Kenya and the other countries of the African Great Lakes The African Great Lakes ( sw, Maziwa Makuu; rw, Ibiyaga bigari) are a series of lakes constituting the part of the Rift Valley lakes in and around the East African Rift. They include Lake Victoria, the second-largest fresh water lake in th ... region, including Tanzania, Uganda and Rwanda. It contains stories and in-depth analysis from each country in the region, in addition to international stories. External links The ''EastAfrican'' Newspapers published in Kenya Nation Media Group Publications with year of establishment missing {{kenya-stub ...
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Jubilee Insurance Company Limited
The Jubilee Insurance Company of Kenya (JICK), mostly known as Jubilee Insurance, is an insurance company in Kenya, which has the largest economy in the East African Community. It is a wholly owned subsidiary of Jubilee Holdings Limited, a multinational insurance holding company, which maintains its headquarters in Nairobi, the capital of Kenya, with subsidiaries in Kenya, Tanzania, Uganda, Burundi, and Mauritius, with plans to expand on the African continent. History Jubilee Insurance was incorporated as a Kenyan financial services provider with headquarters in the coastal city of Mombasa. The company prospered and over the years, opened offices in other East African cities and towns, including Nairobi, Dar-es-Salaam and Kampala. The company also opened branches in the Indian city of Bombay and Karachi, Pakistan. On the Indian Ocean islands of Mauritius and Zanzibar. The company's parent, Jubilee Holdings Limited, was listed on the Nairobi Stock Exchange (NSE) in 1973, whe ...
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National Social Security Fund (Kenya)
The National Social Security Fund is a Kenyan government agency responsible for the collection, safekeeping, responsible investment and distribution of retirement funds of employees in both the formal and informal sectors of the Kenyan Economy. Participation for both employers and employees is compulsory. The fund is both a pension fund and provident fund. History The National Social Security Fund was established in 1965 through the Act of Parliament Cap 258 of the Laws of Kenya. It initially operated as a Department of the Ministry of Labour until 1987 when the act was amended, transforming the fund into a state corporation under the management of a board of trustees. Under the National Social Security Fund Act of 2013, both employed and the self-employed and their dependents qualify as contributing members. The Act on pension requires all Kenyans that are above 18 years of age to register to the program. The board of trustees is composed of workers' representatives through ...
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Rwanda Stock Exchange
The Rwanda Stock Exchange Limited was incorporated on 7 October 2005 with the objective of carrying out stock market operations. The Stock Exchange was demutualized from the start as it was registered as a company limited by shares. The company was officially launched on 31 January 2011. History The exchange's doors opened for trading on 31 January 2011. That day coincided with the first day of trading in the stock of Rwanda's only brewery, Bralirwa, which trades under the symbol BLR. The Rwanda Stock Exchange replaced the Rwanda Over The Counter Exchange that had been in operation since January 2008, with two companies listed, namely Kenya Commercial Bank Group (KCB) listed on 18 June 2009 and National Media Group (NMG) listed on 2 November 2010. Expansion Having successfully launched Bralirwa as its pioneer initial public offering (IPO), RSE's second IPO was Bank of Kigali, launched on 31 June 2011. On 14 April 2015, Crystal Ventures announced its intention to have an initia ...
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Uganda Securities Exchange
The Uganda Securities Exchange (USE) is the principal stock exchange of Uganda. It was founded in June 1997. The USE is operated under the jurisdiction of Uganda's Capital Markets Authority, which in turn reports to the Bank of Uganda, Uganda's central bank. The exchange opened to trading in January 1998. At that time, the exchange had just one listing, a bond issued by the East African Development Bank. Trading was limited to only a handful of trades per week. As of July 2014, the USE traded 16 listed local and East African companies and had started the trading of fixed income instruments. The exchange is a member of the African Stock Exchanges Association. The USE operates in close association with the Dar es Salaam Stock Exchange in Tanzania, the Rwanda Stock Exchange, and the Nairobi Stock Exchange in Kenya. According to published reports in 2013, there were plans to integrate the four exchanges to form a single East African bourse. Uganda All Stock Index (ALSIUG) is the b ...
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Stock
In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company is divided, or these shares considered together" "When a company issues shares or stocks ''especially AmE'', it makes them available for people to buy for the first time." (Especially in American English, the word "stocks" is also used to refer to shares.) A single share of the stock means fractional ownership of the corporation in proportion to the total number of shares. This typically entitles the shareholder (stockholder) to that fraction of the company's earnings, proceeds from liquidation of assets (after discharge of all senior claims such as secured and unsecured debt), or voting power, often dividing these up in proportion to the amount of money each stockholder has invested. Not all stock is necessarily equal, as certain classe ...
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NTV Uganda
NTV Uganda is a Ugandan television station under the Nation Media Group, NMG, operating in East Africa. It has been on air since 2006. It is one of the companies owned by Aga Khan IV. During the Arua elections, NTV Uganda reporter Herbert Zziwa and cameraman Ronald Muwanga were arrested for allegedly inciting violence. It was also banned from covering aerial footage of National Resistance Movement rallies in the 2016 general elections. In 2020 the media house reached one million followers on Twitter. According to Geopolitics, GeoPoll, together with NBS, they have got higher COVID-19 lockdown viewership. In 2014, it was alleged that NTV Uganda wanted to buy NBS Television Uganda, NBS Television. Presenters Current presenters/hosts # Faridah Nakazibwe # Josephine Karungi # Solomon Kawesa # Frank Walusimbi # Crysto Panda # Lynda Ddane # Andrew Kyamagero # Patrick Mukasa # Mc Esco #Sandra Nakiwala #Sandra Kahumuza #Sammy Wetala #Rita Kanya #Raymond Mujuni #Romeo Busiku #Just G ...
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Kampala
Kampala (, ) is the capital and largest city of Uganda. The city proper has a population of 1,680,000 and is divided into the five political divisions of Kampala Central Division, Kawempe Division, Makindye Division, Nakawa Division, and Rubaga Division. Kampala's metropolitan area consists of the city proper and the neighboring Wakiso District, Mukono District, Mpigi District, Buikwe District and Luweero District. It has a rapidly growing population that is estimated at 6,709,900 people in 2019 by the Uganda Bureau of Statistics in an area of . In 2015, this metropolitan area generated an estimated nominal GDP of $13.80221 billion (constant US dollars of 2011) according to Xuantong Wang et al., which was more than half of Uganda's GDP for that year, indicating the importance of Kampala to Uganda's economy. Kampala is reported to be among the fastest-growing cities in Africa, with an annual population growth rate of 4.03 percent, by City Mayors. Mercer (a New York- ...
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Golden Jubilee
A golden jubilee marks a 50th anniversary. It variously is applied to people, events, and nations. Bangladesh In Bangladesh, golden jubilee refers the 50th anniversary year of the separation from Pakistan and is called in Bengali ''"সুবর্ণ জয়ন্তী"'' (''Shuborno jayanti''). Vision 2021 was the political manifesto of the Bangladesh Awami League party before winning the National Elections of 2008. It stands as a political vision of Bangladesh for the year 2021, the golden jubilee of the nation. Several celebration programs will be held in countries including India, Russia, Germany, Sweden, Hungary, Poland, Nepal and Bhutan. China * Emperor Wu of Han dynasty (141-87 BCE, Jubilee in 91 BCE) *Kangxi Emperor of Qing dynasty (1661–1722, Jubilee in 1711) * Qianlong Emperor of Qing dynasty (1735–1796, Jubilee in 1785) Korea *Yeongjo of Joseon (1724-1776, Jubilee in 1774) Japan In Japan, golden jubilee refers to the 50th anniversary and is call ...
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Taifa Leo
''Taifa Leo'' is the only Swahili-language newspaper published from Kenya. It was founded in 1958. ''Taifa Leo'' means "Nation Today" in Swahili. ''Taifa Leo'' is published by the Nation Media Group Nation Media Group (abbreviated as NMG) is a Kenyan media group listed on the Nairobi Stock Exchange. NMG was founded by Aga Khan IV in 1959 and is the largest private media house in East and Central Africa with offices in Kenya, Uganda, and Ta .... From 2012 to February 2018, its content was published on the Swahili website www.swahilihub.com. Under the leadership of renowned award winning editor Faustine Ngila, the paper changed its website to taifaleo.nation.co.ke to gain more online visibility. It has since been Kenya's source of online Swahili content, publishing current affairs, politics, features and sports. The newspaper publishes daily pull outs from Monday to Sunday. The most common ones are Jamvi on Sundays, Dimba on Mondays, Lugha na Elimu on Wednesdays and Akilimali on ...
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